Olive Meadow Apartments

610 East Olive Street, San Bernardino, CA 92410

Waiting List Forecast: Likely Short or None

check_circleVerified for 2021 by Lorena Bentley, Ayat Elkarib

Rent	Beds	Baths	SqFt
Call for Rents^†	1 - 3 Beds	1 - 2 Baths	-

Call (909) 483-2444

Waitlist Forecast

Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

Olive Meadow is the first phase on-site phase of a larger revitalization development for the greater Arrowhead Grove neighborhood. It will provide 62 units of high-quality, affordable housing for low- and moderate-income families in the heart of San Bernardino. The community features a resident center; after-school program facilities, a computer lab, and a children’s play area. Aligned social services will be delivered on-site to provide residents the tools and support they need to move toward financial independence.

Dave's Thoughts On Olive Meadow Apartments

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Olive Meadow Apartments does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

~ Dave Layfield, Founder of Affordable Housing Online

Olive Meadow Apartments Amenities

Playground
Computer Lab
Community Garden

Units at Olive Meadow Apartments

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	-	Call for Price^†
2 Bedroom (2/1)	-	Call for Price^†
3 Bedroom (3/2)	-	Call for Price^†

Income Qualification for Olive Meadow Apartments

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

AMI*	1 person	2 people	3 people	4 people	5 people	6 people
50% AMI for LIHTC Units	$32,650 / year	$37,300 / year	$41,950 / year	$46,600 / year	$50,350 / year	$54,100 / year
50% AMI for PBRA Units	$32,650 / year	$37,300 / year	$41,950 / year	$46,600 / year	$50,350 / year	$54,100 / year
60% AMI for LIHTC Units	$39,180 / year	$44,760 / year	$50,340 / year	$55,920 / year	$60,420 / year	$64,920 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Olive Meadow Apartments

Does Olive Meadow Apartments have a waiting list?

Olive Meadow Apartments probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Olive Meadow Apartments ?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

What property management company manges Olive Meadow Apartments ?

Olive Meadow Apartments is managed by National Community Renaissance headquartered in Rancho Cucamonga, CA.

In addition to Olive Meadow Apartments , how many other affordable housing properties (and units) are there in San Bernardino?

In addition to Olive Meadow Apartments , we list 54 other affordable properties in San Bernardino. Learn about these properties here. Our data research shows that there are a total of 3699 affordable units in San Bernardino.